Creating sustainable solutions for the apparel industry needs the entire supply chain to work together. So why are suppliers always so absent from the global conference stage? Read this blog post to understand our opinion.
A commentary piece in the Economics Times by Arvind Panagariya, former Chief Economist at the Asian Development Bank and previous vice-chairman of the Government of India think-tank NITI Aayog, has highlighted the cost-efficiency of job creation in the apparel sector versus other industries. Comparing Shahi with Reliance Industries Limited (RIL) – a large conglomerate with operations in energy, petrochemicals, textiles, natural resources, retail, and telecommunications – he found that Shahi creates 252 times the number of jobs of RIL with a similar amount of assets. The findings lead to a conclusion that we have been committed to for many years: the apparel sector is a powerful opportunity to create high quality, formal employment, especially for India’s dwindling female workforce.